Many small business owners don’t get and use monthly financial statements. Hire someone who can produce accurate statements and go over them each month. Notice trends, gross margins, labor and material and other significant costs your business has. Heck, notice everything!
Ask, what numbers do I need to improve to make a satisfactory profit? Then ask HOW? Then implement changes during the month to move the needles. The next month, repeat.
It all boils down to numbers, and you need to know them.
Do you?
Every day I take the temperature. Only on the cash basis for realistic figures never on accrual. Treat every day like a the first day in business heck like a start up and you will always have that drive to do better.